321 NW 37 Street, Miami, FL 33127

$600,000

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List Price
$600,000
Status
ACTIVE
MLS#
224065317
Price Change
▼ $50,000 1778027324

Property Description

DOWN $50,000 NOW $650K. Attn Developers, Architects, Builders, Investors. Build up to 6 story Mixed Use Office, Comm/Resi micro-units, Motel & others by Right on liberal Zoned T68-O Density 150 units/ac. 5750 SF lot in Wynwood Norte RDD2 1 blk N of NW 36 St off NW 3rd Ave. Plus Income from NO vacancy, long-term billboard lease. 3 Blks from Design District & Midtown, The Civic Ctr., Hospitals, Downtown, Port of Miami, Miami Intl. in <25 mins. Ingress & egress for billboard operator. Tenant covers $2M property, liability & workman’s comp, utilities & mtce of the pole area. Lessor is named co-insured & covers RE Tax. The Value is developing the Lot. The billboard revenue is positive cash flow, NO Vacancy, ongoing income stream. Being SOLD “AS-IS” all cash to Seller, buyer(s) to do own due diligence. Seller has some info toward your DD w/signed NDA. Call, text or email today. Billboard is owned & operated by a reputable 3rd party who hold the permit. Looking for realistic offers now.

Additional Information

Taxes
$10,715
Building Design
Mid Rise (4-7)
Year Built
2016
Acres
0.13
Waterfront Description
None

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Calculator source: Real Geeks

Listing courtesy of The Keyes Company.